SAI’s weighted average bid price in the auction was NT$74.59, with an oversubscription ratio of 3.14 times. The underwriting IPO price is NT$70 per share, and the public subscription period is from April 30th to May 3rd.

Global automotive wheel industry leader SuperAlloy Industrial Co., Ltd. (SAI, 1563 TT) conducted the initial public offering (IPO) of ordinary shares through a competitive bidding underwriting operation. The computerized bidding was completed publicly by the Taiwan Stock Exchange on the morning of April 26 at 10am. A total of 16,000 shares were auctioned in this bidding, all of which were successfully sold. The weighted average bid price was NT$74.59.

SAI’s public offering before listing attracted enthusiastic market response, with a total of 50,280 qualified bids. The oversubscription ratio of the competitive bidding auction reached 3.14 times. SAI will conduct a public subscription for 4,050 shares from April 30th to May 3rd, at a subscription price of NT$70. A public draw is scheduled for May 7th, with listing planned for May 13th.


You are now leaving our web site. The web site you wish to link to is owned or operated by an entity other than SuperAlloy Industrial Co., Ltd.. We do not control this third party web site. We are providing this link for your convenience only and we are not responsible for the availability of or the content located on or through this third party web site, the accuracy, completeness, timeliness, or legality of any information contained in this third party web site, and any opinions expressed therein, nor for any link contained in this third party web site. This third party web site is not investigated, monitored, or checked for accuracy, completeness, timeliness, or legality, by SuperAlloy Industrial Co., Ltd.. The link from our web site to this third party web site does not imply that we approve of, endorse, or recommend this third party web site. We expressly disclaim all warranties, express or implied, as to the accuracy, legality, reliability, timeliness, quality, or validity of any content on this third party web site.